OK all- Whereto now?, page-3

Hi mahanga  and all IVRers

Yes agree..

I cannot fully understand the SP value $0.014  with a Coy MC  of $10.35 and falling. With an in ground silver value -say gross $800,000,000 - less costs  (?????)  say 60% - net before other costs but say $320,000,000 This is a very very 'back of envelope ' estimation.

Appears the silver is very close to the surface - as mines go- and IMHO would not need a huge capital investment to mine.. Well maybe when the beancounters and environmentalists get involved -cost could blow out. I would believe one would not need to develop 100% of the mine but do in small stages.

Many Many Company presentations  --- but no meaningful progress!!  Again IMHO

Just a thought -- what would I know ?? I once built some sand castles - a dog kennel and a skull cave. !!

IMHO I don't believe the management have the expertise/ skills to get this thing off the ground...

Where is OZ Minerals ???

Keep safe all IVRers as we follow the on going saga.. Me be out soon ... or leave the shares to my Great Great Great grandchildren..

A very disappointed Shareholder as  with my friends the Pygmy Bandar Tribe

The Phantom GWW
(I will become an observer - for awhile - over to you guys)  

All IMHO  and please DYOR..............................  then if you make a mistake you will know instantly to whom you point the finger. (Just a suggestion.) This will save a heap of disappointment, sorrow and sleepless nights trying to find who to blame